Brexit has cost Britain nearly 2.5 percent of GDP - Goldman Sachs

FILE PHOTO: A worker opens the door of a container at DP World London Gateway container port in Essex, southern England July 30, 2013. REUTERS/Suzanne Plunkett

“Politicians in the UK are still struggling to deliver on that vote,” Goldman Sachs economists wrote in a note to clients. The U.S. bank said Brexit uncertainty has been a major driver of economic output losses as they are concentrated in investment.

I call bullshit. If this is true, that means that the UK economy would have grown significantly more in the last two years than other economies in the EU. It means the UK would have had 2-3 times the economic growth as Germany, France or NL. Baltic States levels of growth.

Goldman sachs really fined for corrupt economic practics contributer to the global crisies and you or anyone take advice from them. Incredible

Tory false austerity of the last decade proven as criminal neglect as proven by brexit...

Brexit controversy could have been avoided. EU together is essential for tackling future challenges collectively. EU should have smaller number of core members and others with ally status to be stable and strong entity which should work on collective consensus.

Suuuuure it has.

Yet UK’s economy outperforms Germany’s, France’s & Italy’s during the same time. So Brexit has affected EU’s top economies more? Or could it be that Goldman Sachs agenda against Brexit continues?

Money that could have gone to the NHS 🤣

oh .. so about the same cost as keeping the royal family going... priorities

'Their model finds the Brexit cost stood at around 600 million pounds per week since the referendum'. Nothing to add really. But for the extremists it will be worth it because they 'have taken back control'. Of a one way trip to the dole queue methinks.

Recession is happening throughout the EU. That’s what fckn happens when your customer isn’t buying because there isn’t a market for your product. Sad when sore losers use half truths to blame everything on Brexit.

Oh Hogwash. Goldman Sachs earns Millions whilst Brain is part of EU..Thus Brexit will make it Lose those millions...that is why they give bad reports... ReadBetweenTheLines

ProjectFear

Culture and sovereignty or temporary GDP loss. Worth fighting over.

Now do Trump. How much of a GDP loss is due to stupid Trump policies,eg tariffs

Brexit supporters: 'GD-wot?'

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